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Price strategy

Price strategy: Developing Business Acumen
Price strategy: Developing Business Acumen

Pricing strategy is a key determinant of your company's profitability. To understand your pricing strategy, you must know the answers to these questions: How is your product priced? Is it a onetime fee? A subscription? Is your pricing a "razor and blade model"? Do you charge for accessories and extras? Do you offer additional services and warranties? Do you have different prices for different customers/markets/features? Do you use cost plus or value-based pricing?

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Skill Level Beginner
1h 7m
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Skills covered in this course
Business Business Skills Communication Management

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